AbbVie stock nudges higher after Canada clears Maviret — what ABBV investors watch next

AbbVie stock nudges higher after Canada clears Maviret — what ABBV investors watch next

New York, January 6, 2026, 12:36 PM ET — Regular session AbbVie shares rose about 0.5% to $221.18 in midday trading on Tuesday after the drugmaker said Health Canada approved its hepatitis C therapy Maviret (glecaprevir/pibrentasvir) for acute and chronic infections. The clearance expands use of an eight-week oral regimen and supports “treat early” strategies aimed at cutting transmission by starting therapy as soon as patients are diagnosed. That matters as investors look for steadier growth drivers and pipeline progress ahead of key investor events this month. AbbVie said Maviret is now approved in Canada for adults and children aged
Fermi Inc (FRMI) stock jumps nearly 10% as class-action filing adds pressure

Fermi Inc (FRMI) stock jumps nearly 10% as class-action filing adds pressure

New York, January 6, 2026, 12:31 (EST) — Regular session Fermi Inc (FRMI) shares rose nearly 10% in midday trading on Tuesday, lifting the stock to $9.53 from Monday’s close. The stock ranged from $8.62 to $9.68, with volume topping 5.1 million shares. The rebound comes as a securities-fraud class action has been filed in the U.S. District Court for the Southern District of New York, Gainey McKenna & Egleston said. The complaint alleges Fermi overstated tenant demand for its Project Matador campus and played down the risks of leaning on a single tenant’s $150 million funding commitment. It also
SoFi stock slides below $27.50 deal price after share sale; what investors watch before earnings

SoFi stock slides below $27.50 deal price after share sale; what investors watch before earnings

New York, Jan 6, 2026, 12:18 ET — Regular session SoFi Technologies, Inc (Nasdaq: SOFI) shares fell 9.8% to $26.40 by 12:18 p.m. ET on Tuesday, after opening at $29.23. The stock touched $26.37, and about 60 million shares had changed hands. The fintech lender said in a regulatory filing on Monday that the underwriters — the banks running the deal — exercised their option to buy additional shares on Jan. 2, and SoFi completed the sale on Jan. 5. The extra shares brought the total sold in the offering to 57,754,660 at $27.50 each, the filing showed. SEC Fresh
Sandisk stock surges 23% as Nvidia CES update puts AI data-center storage back in play

Sandisk stock surges 23% as Nvidia CES update puts AI data-center storage back in play

New York, January 6, 2026, 12:35 EST Sandisk shares jumped 23.4% to $338.26 in midday trade on Tuesday, leading a renewed run in storage and memory stocks linked to AI data-center spending. Micron rose 6.4%, Western Digital gained 15.3% and Seagate added 12.3%. Sandisk was on track for its biggest one-day rise in nearly a year. MarketWatch Traders pointed to Nvidia’s message at CES that serving AI models is reshaping what data centers need to keep close at hand. Nvidia said its new Inference Context Memory Storage Platform is designed to store and share the “key-value” cache — the running
Lumentum stock whipsaws as accounting chief retirement, Feb. 3 earnings date draw focus

Lumentum stock whipsaws as accounting chief retirement, Feb. 3 earnings date draw focus

New York, Jan 6, 2026, 12:25 p.m. ET — Regular session Lumentum Holdings Inc (LITE.O) shares rose 5.2% to $375.69 in Nasdaq midday trade on Tuesday after a volatile morning that took the stock as low as $340.46. The shares hit a session high of $377.65 and about 3.1 million shares had changed hands. On Monday, Lumentum disclosed in an 8-K — a form companies use to report major events — that Chief Accounting Officer Matthew Sepe plans to retire and will step down from that post on the later of Feb. 6 and the filing of its quarterly 10-Q
CoreWeave stock falls as Truist starts CRWV at Hold; Nvidia Rubin plan sharpens focus on AI capex

CoreWeave stock falls as Truist starts CRWV at Hold; Nvidia Rubin plan sharpens focus on AI capex

New York, January 6, 2026, 12:24 ET — Regular session CoreWeave shares fell 3.5% to $74.15 in midday trading on Tuesday after Truist Securities initiated coverage of the AI cloud infrastructure provider at “Hold” with an $84 price target, citing the company’s leverage and heavy capital spending needs. The company counts OpenAI, Microsoft, Meta and Google among customers, according to Truist. The new coverage lands as investors reassess spending tied to the next wave of AI hardware. Nvidia on Tuesday unveiled its Rubin platform and said Rubin-based products are expected from partners in the second half of 2026, with a
Zeta Global stock pops on OpenAI partnership as traders eye Athena launch

Zeta Global stock pops on OpenAI partnership as traders eye Athena launch

New York, January 6, 2026, 12:25 PM EST — Regular session Shares of Zeta Global Holdings Corp jumped on Tuesday after the marketing software firm said it struck a partnership with OpenAI to power new AI capabilities in its Athena product. The stock was up 7.7% at $23.34 by midday in New York, after touching $24.28 earlier, while the S&P 500 was up about 0.3%. The move matters because marketing-tech companies are in a race to embed generative AI into tools that help brands target customers and tune ad spending in real time. Investors have been quick to re-rate smaller
Caterpillar stock rises on Cat AI Assistant launch as CES-Nvidia tie-up nears

Caterpillar stock rises on Cat AI Assistant launch as CES-Nvidia tie-up nears

New York, January 6, 2026, 12:22 (EST) — Regular session Caterpillar Inc shares rose 1.2% to $623.73 on Tuesday, after the heavy equipment maker unveiled its Cat AI Assistant at CES 2026 in Las Vegas. The stock ranged from $609.44 to $624.00 as the SPDR S&P 500 ETF gained about 0.3%. The launch is the latest effort by Caterpillar to keep investors focused on software and AI-linked demand, not just the construction cycle. Caterpillar shares are up about 58% over the past year and have outpaced peers Komatsu and Terex, aided by investor interest in data-center power needs and other
Walmart stock ticks up after Mizuho lifts target as jobs data looms

Walmart stock ticks up after Mizuho lifts target as jobs data looms

New York, Jan 6, 2026, 12:24 EST — Regular session Walmart Inc shares edged higher on Tuesday after Mizuho raised its price target on the retailer. The stock was up 0.2% at $112.97 in midday trade. The call lands as investors look for fresh signals on U.S. consumer demand, with labor data due later this week. The Labor Department is scheduled to release the December employment report on Friday. Bureau of Labor Statistics Walmart has a market value of about $900 billion and trades about 4% below its 52-week high of $117.45. The stock’s next test for momentum sits near
Moderna stock jumps nearly 11% after BofA target lift; flu vaccine filing in focus

Moderna stock jumps nearly 11% after BofA target lift; flu vaccine filing in focus

NEW YORK, January 6, 2026, 12:28 EST — Regular session Shares of Moderna Inc (MRNA.O) were up 10.7% at $35.60 in midday trading on Tuesday after BofA Global Research raised its price objective on the vaccine maker. The stock touched a session high of $36.25. Reuters The jump comes as investors weigh whether Moderna can turn its mRNA platform into steadier, seasonal revenue after the post-pandemic drop in COVID-19 vaccine demand. Traders have been sensitive to shifts in sell-side views as the company leans on new product launches and tighter spending to narrow losses. On Monday, Moderna said it filed
MercadoLibre stock extends surge as Venezuela headlines keep MELI in play

MercadoLibre stock extends surge as Venezuela headlines keep MELI in play

New York, January 6, 2026, 12:20 EST — Regular session Shares of MercadoLibre (MELI) rose about 3.3% on Tuesday to $2,219.87 in regular trading, extending the prior session’s rally as investors continued to reposition around Venezuela-related headlines. The move matters now because MercadoLibre is one of the most liquid U.S.-listed ways to express a view on Latin America, and it has become a fast-moving proxy when investors swing into “risk-on” trades — a shift toward higher-risk assets. A Zacks markets note said the stock gained about 8.8% on Monday as “hopeful Venezuelan sentiment” spread. Nasdaq Broader markets turned higher after
IREN stock drops 7% after Monday surge as bitcoin slips; CES chip news in focus

IREN stock drops 7% after Monday surge as bitcoin slips; CES chip news in focus

New York, January 6, 2026, 12:09 EST — Regular session Shares of IREN Ltd fell about 7% in midday Nasdaq trading on Tuesday, pulling back from a sharp prior-session rally as bitcoin eased. The stock was down 7.2% at $44.75, while bitcoin traded around $92,676 and peers Marathon Digital, Riot Platforms and CleanSpark slipped 2% to 5%. The decline comes a day after IREN jumped 13% to close at $48.24 on roughly 46 million shares, highlighting the stock’s outsized swings early in 2026. For investors, the move matters because IREN sits between two fast-moving themes — crypto-linked mining and AI

Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:26 AM EST Dollar Dips as Stocks Rally and US Data Influences Fed Rate Expectations February 7, 2026, 12:18 AM EST. The **dollar index** fell 0.17%, pressured by a rebound in equity markets reducing demand for the safe-haven currency. Weaker-than-expected U.S. labor market data raised the odds of a Fed rate cut to 18% for March, though consumer sentiment improved to a six-month high, limiting losses. Hawkish comments from Atlanta Fed's Raphael Bostic emphasized maintaining restrictive monetary policy. The dollar faces medium-term weakness amid expectations for rate cuts
Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
Go toTop